Thurston Springer Miller Herd & Titak Inc. Decreases Stake in Invesco S&P 500 Momentum ETF $SPMO

Thurston Springer Miller Herd & Titak Inc. lessened its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 80.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,094 shares of the company’s stock after selling 4,385 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $132,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SPMO. Schroder Investment Management Group acquired a new position in Invesco S&P 500 Momentum ETF during the second quarter worth about $26,000. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Momentum ETF by 99.2% in the 2nd quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after purchasing an additional 132 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $31,000. Rossby Financial LCC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 237.8% during the 2nd quarter. Rossby Financial LCC now owns 304 shares of the company’s stock worth $34,000 after purchasing an additional 214 shares during the last quarter. Finally, Tradewinds Capital Management LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 342.5% during the 2nd quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock worth $40,000 after purchasing an additional 274 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $118.70 on Wednesday. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year high of $124.56. The stock has a market cap of $12.97 billion, a PE ratio of 29.51 and a beta of 0.98. The stock has a 50 day moving average price of $119.78 and a 200 day moving average price of $116.50.

Invesco S&P 500 Momentum ETF Company Profile

The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.